By Hamed Mahmoud
The Green Minds Group, a pioneering company in the field of environmental solutions and plastic recycling, is set to pump new investments amounting toLE100 million in the field of waste management inside the local market, a senior company official said.
Eng. Mohamed Deif, Board Chairman of the Group, added that with the issuance of new waste management regulation law No. 202 of 2020, the company adopts an ambitious expansion plan for solid waste collection and recycling, praising the law as“contributing significantly to the development of this field”.
During a conference organised by the Group, Dhaif revealed the companyintention to launch a number of production lines for separating waste and recycling rubber, organic waste, paper, cardboard, aluminum alloys and electronic waste, besides plastic, the company’s main activity at present.
For his part, Dr. Muhammad Abu Sakina, Executive Director of Green Minds Group, said that his company has a vision for working in the field of separating waste from its source, by signing co-operation protocols with various residential, commercial, industrial and agricultural communities in the major governorates.
“This month, an agreement was signed with one of the largest commercial centres, to be the first practical application of the company’s endeavor to experiment the – Separation from Source – technique,” Abu Sakina added.
He explained that the volume of waste management activity in Egypt amounts to about LE13 billion annually, indicating that the total waste generated is estimated at 26 million tons.
The most prominent recycling activities are represented in recycling plastic, converting waste into energy, producing compost and alternative fuels, and recycling paper and cardboard, car tires, metals, and electronic waste.
Included among the most important industries that depend on recycled materials are foundries, plastics, papers, inks, artificial grass, car parts, and water purification plants.